Showbiz

France Canal+, others to invest in Nollywood

 

Nollywood is increasingly grabbing the attention and financing of
global entertainment brands such as French group Vivendiโ€™s Canal+ and
Showmax, the video streaming service of South Africaโ€™s Multichoice.
Both seek to harness Nigerian hustle and know-how to extend the
lifespan of the traditional pay-TV model, which is bleeding customers
in developed markets but still has a future in Africa.
Canal+ and MultiChoice, are using Nigeria as a testing ground for
introducing streaming platforms in African markets with poor
communications infrastructure and low-income levels.
In both cases, itโ€™s local production are benefitting.
โ€œTen years ago Nollywood was very different,โ€ Mary Njoku, whose ROK
studios was acquired by Canal+ in July, told Reuters as the film crew
worked in an abandoned hotel in Nigeriaโ€™s megacity Lagos. โ€œToday we
shoot with better camerasโ€ฆ We do things differently.โ€
A room on the hotelโ€™s top floor was standing in for a college dorm on
โ€œWhat Are Friends For?โ€, a ROK comedy series that will be among new
shows aired by Canal+ in coming months.
The company first dipped its toe into Africaโ€™s most populous country
six years ago, buying up local films, dubbing them and airing them on
a dedicated channel, Nollywood TV, to viewers in French-speaking
Africa.
That success led to the creation of a second channel.
The deal with ROK secures a steady supply of new films and series as
the firm eyes a further expansion of African content, said Fabrice
Faux, Canal+ Internationalโ€™s chief content officer.

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